SBI expects to give Rs 1.5 lakh crore in corporate loans, says Dinesh Khara

SBI's unsecured lending to see moderation after RBI's tightening: Chairman

The country's largest bank, the State Bank of India (SBI), has Rs 1.5 lakh crore worth of loans awaiting disbursement, chairman Dinesh Khara has said.

"Our total large and mid corporate loan are around Rs 4.5 lakh crore and Rs 1.5 lakh crore is awaiting disbursement," Khara said during a press conference on November 22 at the FIBAC 2023.

Earlier, Khara said that the bank does not see any stress in its corporate lending book. "In our lending book, we do not see any stress in large and mid-corporates. We remain confident of lending further," Khara had said after announcing the April-June FY24 quarter results.

Khara also said that the bank is targeting a credit growth of 14 to 15 percent.

"We are looking at a credit growth of 14 to 15 percent in FY24. Our credit growth will be broad-based in retail, agriculture, small and medium-sized enterprises and the corporate sector," Khara said.